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Banungi Plus Group
In this Group: Richard, Eulalie, Julienne, Didine, Ntoya, Dénise, Véronique, Jen-Pierre, Nkoni, Aimé, Odette, Clément
Richard is the leader of the community bank named “Banungi Plus,” which is composed of 12 micro-entrepreneurs united in solidarity to obtain loans from Kiva through HOPE DRC with the goal of developing their businesses.
Richard runs a general store in the mid-eastern area of Kinshasa. Besides that, he also sells beverages. He has been in business since 1995. Currently, through his businesses, Richard makes about $20 per day. He plans to use his next loan to purchase a freezer in order to sell cool drinks and increase his income. Richard is a trustworthy client of HOPE DRC, having received and properly repaid nine loans. He dreams someday of building a large business facility to keep goods.
Richard is 39 years old, married and the father of three children aged between 6 and 11. Two of them attend school. Richard enjoys selling because it gives him the opportunity to make contact with many different people, and once they become permanent customers he is able to offer them quality products at a better price.

Additional Information


HOPE International has been providing small business loans and savings services to thousands of entrepreneurs in DRC since 2004. HOPE DRC targets small business owners who can use loans to increase their inventories or invest in assets that have the potential to increase their incomes. Funds from Kiva lenders play a major role in expanding access to affordable, flexible capital for micro-entrepreneurs, 80% of whom are women.

This is a Group Loan

In a group loan, each member of the group receives an individual loan but is part of a larger group of individuals. The group is there to provide support to the members and to provide a system of peer pressure, but groups may or may not be formally bound by a group guarantee. In cases where there is a group guarantee, members of the group are responsible for paying back the loans of their fellow group members in the case of delinquency or default.

Kiva's Field Partners typically feature one borrower from a group. The loan description, sector, and other attributes for a group loan profile are determined by the featured borrower's loan. The other members of the group are not required to use their loans for the same purpose.

About Congo (Dem. Rep.)

  • $700
    Average annual income
  • 44
    View loans »
    Congo (Dem. Rep.) Loans Fundraising
  • $11,989,850
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A portion of Banungi Plus Group's $4,800 loan helped a member to purchase a freezer for cool beverages.
100% repaid
Repayment Term
5 months (Additional Information)
Repayment Schedule
Oct 3, 2011
Oct 12, 2011
Currency Exchange Loss:
Feb 15, 2012